A £16 million programme will be launched to help automotive suppliers affected by the planned closure of Honda's car factory.
The move was announced by Business Secretary Greg Clark after he set up a task force to try to save the Swindon plant.
Support will be offered to small and medium-sized businesses (SMEs) across the country, starting with those in the Honda supply chain, who sell to the automotive sector.
Suppliers will be given advice on how to evolve their products and processes, training for specialist staff, or help on accessing business loans.
In support of the Honda and UK-wide automotive supply chain I've launched a new £16 million programme designed to specifically support SME businesses in the automotive supply chain.
Honda Swindon supports over 12,500 jobs in the supply chain across the UK, so this support is obviously welcome.